In buzz marketing, the ideal situation occurs when a person truly likes a brand and tells others
Indicate whether the statement is true or false
TRUE
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Answer the following statements true (T) or false (F)
1. Sensitivity analysis empowers managers with better information for decision making by analyzing how various business strategies will affect profits earned by the company. 2. Managers can use CVP relationships to conduct sensitivity analysis. 3. An increase in sales price per unit decreases the contribution margin per unit. 4. An increase in sales price per unit increases the number of units required to break even. 5. When the variable cost per unit decreases, the contribution margin on each unit sold also decreases.
Kevin, a contractor, authorized Toby to conclude contracts for home renovation on his behalf
Each time Toby met with a potential customer, he would advise the customer that he was acting on behalf of Kevin. Toby concluded a contract with Myra to renovate her home for $1,000. On finding out about the contract, Kevin refused to carry out the renovation as he believed that the price agreed upon was too low. Which of the following statements is TRUE? A) If Kevin refuses to do the work, Myra can sue him for breach of contract. B) Kevin is free to increase the price charged under the contract. C) Myra can sue both Kevin and Toby if Kevin refuses to perform the contract. D) If Kevin refuses to perform under the contract, Toby must complete the home renovations himself. E) Myra cannot sue Kevin for breach of contract as the contract was concluded with Toby.
The possible consequences of a defective incorporation include which of the following?
a. The state may bring an action against the association for involuntary dissolution. b. A third party may assert that it is not liable to the association. c. The associates are held personally liable to a third party. d. All of these. e. None of these.
Liquid Farms is considering a 1-for-2 reverse stock split. Its stock is currently selling for $10 per share. Liquid plans to pay a dividend equal to $0.40 per share after the split. But, it would like to pay an equivalent dividend per share even if the split does not take place. What should the per share dividend be if Liquid doesn't split the stock?
A. $0.40 B. $0.20 C. $0.80 D. $4.00 E. $2.00